Illinois woman accused of stealing $481,000 from bank

ROCK ISLAND, Ill. -- A federal grand jury has indicted a woman from the Rock Island County town of Silvis for allegedly stealing nearly $500,000 from a Moline bank where she formerly worked.

According to a news release from the U.S. Attorney's office, 40-year-old Sandra Savala is accused of taking about $481,000 from a Southeast National Bank branch between July of 1996 and February of 2004.

The indictment names Savala on one count of bank embezzlement and 33 counts of falsifying bank records with intent to defraud. She is also charged with lying to a federal investigator for allegedly making false statements to an FBI special agent.

Southeast National Bank president and CEO Tom Robinson says no customer accounts were affected by the embezzlement, and the loss was covered by the bank's insurance.